Adani Wilmar IPO: What GMP signals after closure of 3-day subscription
Adani Wilmar GMP today is ₹30, which is 12 higher from its yesterday's grey market premium of ₹18, say market observers
Adani Wilmar IPO: After closure of 3-day subscription of Adani Wilmar IPO (Initial Public Offering), the public issue worth ₹3,600 crore has been subscribed 17.37 times whereas its retail portion got subscribed 3.92 times. This strong subscription got reflected in the grey market sentiment as well. According market observers, Adani Wilmar share price in the grey market managed to surge today after falling for near one week. They said that change in market sentiment has also played a major role in lifting the morale of grey market in regard to Adani Wilmar IPO.
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